Prosecutors brought various criminal charges against about three dozen executives and employees of Enron and firms that did business with it, and the accounting firm that audited its books.

Ken Lay, CEO – Tried with former Enron President Jeff Skilling; conviction thrown out because Lay died before sentencing.

Jeff Skilling, president – Serving 24-year sentence; Supreme Court said prosecutors used a legal theory improperly and returned case to lower court, which upheld the convictions; sentence may be reduced due to earlier ruling that a Houston judge erred in applying sentencing guidelines.

Michael Kopper, finance managing director – First Enron executive to enter plea bargain; served less than two-thirds of 3-year, 1-month sentence, released January 2009; now chief strategy officer for Legacy Community Health Services.

Timothy DeSpain, assistant treasurer – Pleaded guilty to conspiracy; served 4 years probation; president of GTL Logistics, a firm planning to build a hub in Port Arthur to transport oil from shale projects between refineries and chemical plants.

Rex T. Shelby, vice president of engineering operations, Enron Broadband – The last of the Enron employees to be sentenced; pleaded guilty to one count of insider trading; sentenced to 2 years probation; working in high-tech industry with pre-Enron colleagues.

Scott Yeager, strategic business executive, Enron Broadband – Appeals court ordered Yeager acquitted on all charges after his case went to U.S. Supreme Court; says he’s semiretired, running a small ranch and working with small technology companies on sales and product development.

William Fuhs, Merrill Lynch banker – Tried in what prosecutors alleged was a scheme to inflate earnings through transactions involving power generation barges in Nigeria; conviction thrown out on appeal.

Gary Mulgrew, David Bermingham, Giles Darby – British bankers pleaded guilty to misleading their former employer in an Andrew Fastow finance scheme; sentenced to 3 years, 1 month, most served in British prison; now out of prison and self-employed.

White collar crime pays ….. as long as you know where the line is drawn and don’t get too crazy with greed.
It doesn’t hurt to be amigos with the right power politicians either.
Just have enough dirt on ‘em to force ‘em to maintain loyalty to you.
That’s the American way!

None of these SOBs should have ever gotten a job again after the royal screwing they gave their investors. What a screwed up society this once thriving country has become, murderers, thieves, drug dealers, rapist and general trash.

Ken Lay is very likely not dead—Bush owed him and used his CIA connections got him out of the country. He is probably living well in some tropical paradise. This is one conspiracy theory that I actually believe.

Andy Fastow ruins so many lives and only gets a 7 year sentence, some of which from home????

I am not a former Enron employee or stock owner, but this is a sickening and pathetic lack of justice for someone who systematically stold so much from so many.

Perhaps a more interesting story would have been “Where are the now: the countless people who were royally shafted by these pigs and were left with no safety net”. Their sentences were small prices to pay in relation to the damage done, and I’d be willing to bet that most of the bigger players have stash somewhere from all they stole. Despicable, gutless and karmically doomed.

Most of these people seem to be back doing what they did before the Enron meltdown, only in different settings. At least if they had been CPA’s or attorneys their licenses to practice would have been revoked and they couldn’t have gone back to doing the same ol’, same ol’. There needs to be more accountability in business. As part of their plea bargains, these people should have been barred from engaging in business pursuits similar to what they were involved in at Enron for a period of, say, ten years. Who’s to say they won’t go back to the same kind of corporate crookedness they engaged in previously?

John Doe, it wasn’t Bush that caused the meltdown – you have to go back to the previous Clinton administration. Slick Willy wanted more minority home ownership so his administration heavily pressured banks to approve more minority loans and rubber stamp loans that never could have been paid by those borrowers. Willy required banks to make a certain minimum number of minority loans … NO MATTER WHAT. When you couple that with the deregulation of the banking/finance/insurance industry, which allowed bankers to sell mortgages in pieces, the meltdown was inevitable. Bush spoke against both of those things repeatedly – and Congress ignored him.

Hardly a hiccup in their lives. Now imagine all the people who ride a bike, take a bus to work, or walk…day or night in the heat, rain, or cold, just to make minimum wage to shelter and feed their family. How can anyone in their logical, right mind, even consider letting this band of thieves get by with what they did. There is no way on this earth that it was not a collaborative effort. And we wonder why America is in such a mess. Wake up people…get some morals and stand by them, because in the long run that’s all we are really about.

I wonder if Ken Lay is really lying in a grave some where and not living a glorious life outside the USA. How strange and efficient his death was.
You do have to realized that he was the biggest brain of all…you know he had an exit strategy.

Everyone still worried about what a private company was capable of pulling off…..but no one seems to care that the investigating group…Federal Governement/FBI shut them down because they were competition….TRILLIONS of our dollars TAKEN against the will of the people and the US Constitution thru threat of tax liens and siezures and jail…besides who has enough money to fight the federal government……obviously it wasn’t Enron.

Yes keep deleting this info but it will never go away and this post shows a previous post a complete lie but the other post stays?. Clinton is no saint but to declare that Clinton and poor people caused all the housing bust is completely wrong.

June 17, 2002
CNN
“President Bush touted his goal Monday of boosting minority home ownership by 5.5 million before the end of the decade through grants to low-income families and credits to developers.

…

He urged Congress to expand the American Dream Down-Payment Fund, which would provide $200 million in grants over five years to low-income families who are first-time home buyers.

The money would be used for down payments, one of the major obstacles to home ownership, Bush said.

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